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BBA - International Trade and Law

Practical Aspects in Doing International Trade

Programme Objectives

The programme has the following aims:

  1. To enable the study of organisations, their management and the changing external and international contexts in which they operate.

  2. Equip individuals for and/or development of a career in international business and associated specialized areas in business development, marketing, finance and tourism management at a professional or equivalent level to assume managerial positions in the arena of international business.

  3. Development of the ability to apply knowledge and understanding of international business and management to complex issues, both systematically and creatively, to improve business and management practice.

  4. Enhancement of lifelong learning and personal development so as to be able to work with self-direction and originality and to contribute to business and society at large.

Benefits

On successful completion of the programme, participants will be able to:

  1. Demonstrate understanding of management theories, current issues of management, the development of conceptual frameworks to guide their application within organizations operating in an increasingly global and competitive environment.
  2. Acquire a strong foundation in key functional areas of business management to enable them to succeed as effective managers in an increasingly complex and dynamic environment.
  3. Exhibit a coherent body of knowledge on economic, ethical, environmental, legal, political, sociological and technological factors together with their effects at local, national and international levels upon the strategy, behaviour and management of organisations.
  4. Demonstrate command of a range of competencies relevant to cross-border management, including inter-cultural awareness and understanding.
  5. Acquire and use a range of concepts, tools and techniques for problem solving and decision-making for analyzing complex and inter-related business scenarios.
  6. Demonstrate and apply critical skills enabling the investigation and evaluation of valid and relevant management issues and practices.

Programme Content

Overview

This module has the following aims:

  • To guide the students to take part in the real business transactions in the world market, which is continuously followed by the classes of “Administration of International Trade”.
  • To equip students with practical ability to do international business transactions in the world market with the students’ own items.
  • To equip students with the necessary information and skills to treat with any kinds of obstacles to be met during the course of their business transactions in the world market.
  • To specifically apply the principles and strategies in practical aspects in doing international trade to the students’ real business transactions enforced through the classes of “Administration of International Trade”.

Learning is facilitated via a series of lectures and supplemented with discussions of topics taking place in regular tutorials/ discussion forums. The majority of classroom content is lectures that outline the theory and practice of international marketing communication issues supplemented with relevant case studies.

Learning Outcomes

On completion of this module, students will be able to understand and build up the potential to apply the followings to the practical field.

  • Efficient way to proceed real business transactions in the world market without serious trade disputes.
  • Solving issues raised from doing international trade in accordance with their own manual which is established from this class.
  • Making risk management in doing international trade which is basically different from the domestic trade from the fact that international trades are easier to meet the various kinds of risks compared with the domestic business transactions.

Syllabus

This module covers the following issues in doing international trade.

  • Preparation for international trade
  • Overseas market research
  • Formation of international trade contract
  • Terms of international trade
  • Payment and financing for international trade
  • International transporation through sea, land and air carrier
  • Marine cargo insurance to cover the risk during the transportation
  • Foreign exchange risks arising from the international business transactions
  • Electronic commerce
  • Claim and dispute settlement

Resources

  • Eun Sup Lee, Practical Aspects in Doing International Trade, Pusan National University Press (2011).
  • Jason C.T. Chuah, Law of International Trade: Cross-Border Commercial Transactions, Sweet & Maxwell 4th ed. (2009).
  • Carole Murray, Schnitthoff’s Export Trade, Sweet & Maxwell (2007).
  • Indira Carr, International Trade Law, Cavendish Publishing 3rd ed., 2007.